09/25/2025
As we have previously shared and expected, after the recent rate cut by the Fed on Sept 17 we saw a slight movement upward in mortgage rates and continue to see upward presure. Additionally as current data on the U.S. economy shows strength, all Street experts are pulling back from the belief that rates need to move lower. This speaks to our discussion of sideway movement of rates tinto 2026 and through the 1st half of the coming year.
The U.S. economy is looking stronger than many people previously thought, which is giving way to a reconsideration by traders of how low interest rates might need to go into next year.